Nucleus Software Bags Yet Another Deal in South East Asia | Partners With Tien Phong Bank, Vietnam

17 December 2008

Nucleus Software today issued a press release announcing that Tien Phong Bank (TPB), Vietnam has chosen Nucleus’ FinnOne™ to support their consumer retail banking operations. FinnOneTM will enable the bank in completely automating operations, keeping a check on credit ratings and efficiently filtering out bad debts to increase profitability and offering a differentiated customer experience. With Tien Phong Bank choosing FinnOneTM to drive the bank's lending business Nucleus forays further in the region and strengthens its position as a leading global provider of software products for banks and financial institutions across South East Asia.

On this occasion CEOs of Tien Phong Bank & Nucleus Software said:
Dao Trong Khanh, CEO, Tien Phong Bank : “Technology is key to Tien Phong Bank’s aspiration to become a leading national bank. To be able to provide best in class, leading lending services, we required a lending platform that could cope with growing volumes. We’re confident that with a high-profile experienced team coming from various international banks, we could utilize FinnOne™ to enhance our productivity and build up value-added solutions for our customers.”
Vishnu R. Dusad, CEO & Managing Director, Nucleus Software : “Choosing a next-generation solution such as FinnOne™ will give Tien Phong Bank the technological edge in offering world-class products and services to their customers. FinnOne™ has always led the way in adapting to emerging business models in banking and Tien Phong Bank's choice of FinnOneTM demonstrates this.”

This deal marks yet another win for FinnOneTM from Vietnam. Nucleus Software's FinnOneTM already powers one of the leading international financial services companies in Vietnam’s consumer finance sector. Please find attached the press release published this morning.

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